The Growing Problem With Sales of Unregistered Securities

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fip llc logo

Recently I have been busy working to recover losses for a large number of investors who lost money in unregistered investments offered by Woodbridge and Future Income Payments or FIP. In many cases these investments were recommended by insurance agents who were not licensed to sell securities, and did not perform adequate due-diligence on these… Read more »

More Legal Trouble for Zane Jeppeson

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zane jeppeson

This is actually the third post I have written about a guy named Zane Jeppeson of Garland, Utah. My prior posts can be found here and here. Today’s update comes to us courtesy of The Leader out of Tremonton, Utah. Apparently Mr. Jeppeson is having a hard time getting his restitution paid and may go… Read more »

Top Ten Ways To Avoid Losing Money In A Financial Scam*

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money in back pocket

Every week Utah residents lose money by investing with friends, family or neighbors – people they knew and trusted. Investment fraud is a big problem here in Utah, largely because our close-knit communities are a prime target for “affinity fraud.” Our state has a long history of financial scams and Ponzi schemes, many of which… Read more »

The Falls Event Centers; A Financial Scam Targeting Medical Professionals

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the falls sign

Editor’s Note: This is an excerpt from a guest post that I wrote for The White Coat Investor, a fantastic website that provides financial tips and education to medical professionals. I have represented a number of doctors and dentists over the years in disputes with their stockbrokers and in Ponzi schemes and investment fraud cases.My… Read more »

Rust Rare Coin: An Analysis of Utah’s Latest Massive Ponzi Scheme

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Imagine waking up one day and discovering that all of your retirement savings were gone; all the money you had been working to save had evaporated in a poof. That’s what happened to over 200 people on November 15th. They had invested in a “Silver Pool” investment promoted by Gaylen Rust who claimed he had… Read more »

Another Former LDS Stake President Indicted for Affinity Fraud

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fraud political cartoon

On Wednesday September 6, 2018 the US Department of Justice announced the indictment of Robert G. Mouritsen of Kaysville, Utah on three counts of wire fraud and three counts of money laundering. The DOJ alleged that Mouritsen used a “position of prominence” to induce friends and fellow church members to give him money to further… Read more »

More Trouble for John Zane Jeppesen of Garland, Utah

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zane jeppeson

I have previously written about Mr. Jeppeson, now his is more trouble. This is from the Ogden Herald Journal this week: The Utah Division of Securities of the Department of Commerce have filed court documents against John Zane Jeppesen, of Garland, bringing forth more accusations and details into Jeppesen’s nearly 20 year behavior of securities… Read more »

UPDATE: Former Salt Lake City Councilman and LDS Stake President Eric Jergensen Convicted in New York

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eric jergensen

UPDATE: For those of you who are watching this case, I have been informed that Mr. Jergensen’s sentencing has been postponed.  The sentencing was rescheduled to March 2, 2018 at 1:30 p.m. in the federal courthouse in Syracuse, NY.  I assume the judge will be the same one who conducted the trial; U.S. District Court Judge… Read more »

Jeffrey Mowen Has Been Released From Prison

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jeffrey mowen

I recently received an anonymous tip telling me that Jeffrey Lane Mowen, formerly of Lindon, Utah, has been released from prison.  I checked the Bureau of Prisons website and sure enough, he was released on January 12, 2018 and is now presumably at large in the community, so watch out Utah County! Mowen was sentenced… Read more »

John Zane Jeppesen of Garland, Utah And His History of Fraud

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zane jeppeson

John Zane Jeppesen of Garland, Utah is probably not someone you want to invest your money with. In 1999, Jeppesen entered into an agreement with the Idaho Securities Bureau, under which he admitted to violations of registration, licensing and anti-fraud provisions and was ordered to pay outstanding principal and interest to Idaho investors. In 2003… Read more »